The Japanese yen declined against the Australian and NZ dollars in early Asian deals on Friday after the Japanese government cut its assessment of the economy in September.
The yen that closed Thursday's deals at 81.75 against the aussie fell to near a 3-week low of 82.00. If the yen slides further, it may target 82.5 level.
Against the NZ dollar, the yen hit more than a 3-week low of 64.73 with 65.5 seen as the next downside target level. At Thursday's close, the pair was worth 64.42.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.